WM03 - 486 FRONT STREET W, Toronto (Waterfront Communities)

$49,000

For sale: Other

Other at WM03 - 486 FRONT STREET W, Toronto (Waterfront Communities)
Property type
Sale Of Business
MLS®
MLS® C13639988
Neighbourhood
Waterfront Communities C1

Situated inside The Well - Wellington Market, this established noodle shop operates under the popular Tong Mein brand. Surrounded by thousands of residents, office workers, and daily foot traffic, the location offers exceptional visibility and steady customer flow. Fully built-out and professionally operated with trained staff and streamlined systems. Buyer may continue with the existing brand or convert to their own concept. Rent: $ 4,643.94 includes all utilities + HST expired July 2027 + 5 year option.

Sold data

Homes in Waterfront Communities — recent sold market

Homes in Waterfront Communities took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 421 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.

The median sale price was $624,800.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$624,800
Sale-to-list ratio
96.4%
Sold above asking
11%

Based on 421 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Waterfront Communities)

Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Waterfront Communities)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near WM03 - 486 FRONT STREET W